HORIZON
Share

NEST-III

PR/GJ/RAJKOT/RAJKOT/Others/RAA05524/EX2/EX1/130723 · GujRERA · https://gethorizon.in/projects/nest-iii-rajkot-cmld95j7

01

Complete project overview

GujRERA · Registration filing
Project name
NEST-III
Units
60 units
Carpet area
49–106 sq mper-unit range, as filed
Blocks
3
Parking
5 spaces
Land area
1,997 sq m

Timeline

Project startedJan 2019
RERA registeredJun 2019
Proposed completionMar 2024
TodaySep 2026
Construction progress

81% overall, as filed

Overall % complete as filed with GujRERA, taken as the slowest of the project's blocks — a snapshot, not a live tracker. Where a BU permission is on record (section 04), that is the firmer completion signal.
02

Builder’s track record

GujRERA · Builder registration

VAIBHAVI DEVELOPERS

PARTNERSHIP FIRMPromoter type
Rajkot, GujaratBased in
6Projects
5Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
380 homes · 162 plotson the public record across 6 projects
23,577 sq mbuilt-up filed
13,020 sq mplotted area
27,721 sq mland declared
₹62.62 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Rajkot Municipal CorporationMunicipal / Corporationthis project2 of 5 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 5 projects
Pune Municipal CorporationMunicipal Corporation1 of 5 projects
Surat Municipal CorporationMunicipal / Corporation1 of 5 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from VAIBHAVI DEVELOPERS— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
Taluka
Rajkot
District
Rajkot
Address
OPP AMBIKA TEMPLE STREET, OPP ISHAAN FLATS60 FEET ROAD, AMBIKA TOWNSHIP
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away · Clinic within 2km
LifestylePark 1.8km away
ShoppingNo supermarket within 2km · Mall 1.1km away
Getting around
Expressway 1.6 kmPrimary road 1.8 km · AG Chowk FlyoverRailway line 3.3 kmRailway station 3.4km away (Bhaktinagar)Limited bus connectivity nearby
Water & environment
Water body 2.1 km · Water TankRiver 2.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.48 Cr declared to build 60 flats. What that works out to:

₹13.50 Lakh – ₹43.47 Lakhdeclared unit pricerange on the filing — not a live asking price
₹20.79 Lakhdeclared cost per flatall-in — land + construction
₹2,474/sq ftof carpet area₹26,633/sq m
87%of the cost is land₹5,067/sq ft of land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Government Guidance Rate

Gujarat registration department

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

No government guidance rate is shown for this project.

Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

GujRERA · Approved building plan

Rajkot Municipal Corporation

Municipal / Corporation
Building Permitapproved 7 Jun 2019 · 7 yrs ago

The promised possession date (31 Mar 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

Building-Use (BU) permission — the occupancy sign-off, on record

All 3 blocks carry a Building-Use (BU) permission (latest 15 Feb 2024)— Gujarat’s legal-to-occupy sign-off, and the completion proof most RERA records simply don’t carry. Still confirm the BU covers your specific unit before you rely on it.

The approving body, at scale

Rajkot Municipal Corporation

Municipal Corporation

Has approved 1,120 RERA projectsabout 1 in 15 in Gujarat.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
910
On record
83,645 flats · 1,612 plots
Reach
2 talukas
Since
2011

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by GujRERA

07

Other projects nearby

The register · within 25 km

411 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,341 projects the radar draws within 6 km — every kind, every stage — 263 are residential projects still under way. This list keeps only those, and looks further out.

33 projects within 1 km — showing the nearest 6.

40 m awayMixed Development

VRAJ BHOOMI

AMBA DEVELOPERS · Rajkot

Feb 2024registered
Jun 2026target completion
Price band₹10.00 Lakh–₹20.50 LakhScale32 flatsAuthorityGujRERA
70 m awayMixed Development

FLORA ICON

FLORA REALTY · Rajkot

Dec 2022registered
Dec 2027target completion
Declared cost₹2.92 CrScale24 flatsAuthorityGujRERA
80 m awayMixed Development

AVISA ONE

AVISA DEVELOPERS · Rajkot

May 2023registered
Dec 2026target completion
Declared cost₹5.07 CrScale37 flatsAuthorityGujRERA
160 m awayMixed Development

MADHAV PREET

NITABEN NITINBHAI RAICHURA · Rajkot

Feb 2025registered
Dec 2027target completion
Price band₹17.65 Lakh–₹1.49 CrScale61 flatsAuthorityGujRERA
180 m awayMixed Development

SWAYAM 4

SWAYAM DEVELOPERS · Rajkot

Nov 2023registered
Mar 2026target completion
Declared cost₹5.38 CrScale39 flatsAuthorityGujRERA
300 m awayResidential/Group Housing

Dev Bhoomi

DEVAM DEVELOPERS · Rajkot

Aug 2025registered
Mar 2028target completion
Price band₹30.00 Lakh–₹30.00 LakhScale10 flatsAuthorityGujRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.